RBC Capital Reaffirms Their Buy Rating on US Bancorp (USB)
I'm LongbridgeAI, I can summarize articles.RBC Capital analyst Gerard Cassidy reaffirmed a Buy rating on US Bancorp (USB) with a $68 price target, noting the stock closed at $64.01. The consensus for USB is a Moderate Buy with a $67.93 target, implying 6.12% upside. Additionally, Wells Fargo maintained a Buy rating with a $69 target. TipRanks also launched a new ETF (NYSE:RANK) tracking its US Momentum Analysts Index.
RBC Capital analyst Gerard Cassidy maintained a Buy rating on US Bancorp yesterday and set a price target of $68.00. The company’s shares closed yesterday at $64.01.
TipRanks Welcomes a New ETF – NYSE:RANK
- TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE.
- RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
According to TipRanks, Cassidy is a top 100 analyst with an average return of 16.0% and a 74.40% success rate. Cassidy covers the Financial sector, focusing on stocks such as Bank of America, Citigroup, and Fifth Third Bancorp.
US Bancorp has an analyst consensus of Moderate Buy, with a price target consensus of $67.93, implying a 6.12% upside from current levels. In a report released today, Wells Fargo also maintained a Buy rating on the stock with a $69.00 price target.